The idea is for the Government to create model policies that could then spread through the private economy.
Financial institutions facilitate the flow of money through the economy.
"Policy takes time to resonate through the economy," he said.
Still, he said, more time is needed for the recovery to spread through the economy.
But she acknowledged the full effect of the terrorist attack had yet to work through the economy.
The hope is that the partnership will make all participants stronger to get through the bad economy.
Higher interest rates take time to filter through the economy, and their full effect may not be felt until later this year.
But changes in interest rates take six to nine months to work their way through the economy.
Problems with the city s finances ran right through the local economy.
It is going to push through the economy from the top down.